Word: canadianization
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Dates: during 1960-1969
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...also finally brought the Greek Cypriot "national guard," composed of anywhere from 15,000 to 40,000 men, under control, curbing the whims of impetuous lower commanders. A few days after his return, a U.N. official complained to Grivas that Greek Cypriot irregulars were firing nightly at Canadian outposts. "It won't happen again," snapped Grivas...
...Awakening. Such was the direction of the road when a veteran Canadian Pacific railman named Norris...
...Buck") Crump moved up to the road's presidency nine years ago. Crump has awakened the giant. Now the Canadian financial community is watching its performance-and its potential-with deep interest...
...president moved slowly at first, was accused of copycat management because he adopted many innovations of the government-owned Canadian National. But Crump steadily picked up momentum, has become a hard man to brake. He has entirely dieselized the road, shorn off many of its unprofitable branch lines and short-haul passenger trains, aggressively adopted piggybacking and bought the world's largest railroad-owned computer to direct freight and handle accounting. Result: in 1963's expanding economy, after a monotonous downgrade run, C.P.R.'s earnings rose 24% to $40.1 million, the highest since 1957. Canadian Pacific Airlines...
...will begin construction of a new hotel in Montreal, has faced up to the motor age by taking on the management of motels. But its greatest growth could come from its considerable remaining land holdings, whose rich resources the road has now begun to exploit. The newly formed Canadian Pacific Oil and Gas, Ltd., earned $5,600,-000 for C.P.R. in 1963, and another stripling subsidiary, Pacific Logging, contributed $253,000. A 51% interest in Consolidated Mining and Smelting, the road's biggest subsidiary, last year brought in $1 million in profits. With the Canadian stock markets spinning...